Women and Money: Debt.com Addresses Concerns of Keeping Quiet in 2015

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Recent information shows that women would rather not talk about money matters because it is 'too personal.' Debt.com offers a new solution that makes it easy for women to improve their skills without saying a word.

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A 2013 survey found 53% of women were primary breadwinners. However, only 23% of those felt equipped to make financial decisions.

As a call to action, Debt.com created a new money management section designed to address women's desire to learn about personal finance on their own and in private. Experts cover topics including: budgeting, simple investment opportunities and retirement planning.

According to the Fidelity Investments Money FIT Women Study conducted in October 2014, women find the topic of money too personal to discuss. Howard Dvorkin, chairman of Debt.com says women want to learn more about financial issues, they’re just not confidant about how to do it. “I’ve spoken with hundreds of women about money and they’re most knowledgeable about saving and want to learn more about how to invest in their future,” remarks Dvorkin. “Many have been hesitant to ask for help, but now they don’t have to, they can just go to Debt.com and equip themselves with information that fits their specific needs.”

The website provides a Tools & Tips section where visitors can educate themselves on money management by reviewing self-help booklets and the 3 Steps to Success section. The Ask the Expert section covers everything from high interest savings accounts to how single moms on a tight budget can improve their ability to save for retirement.

“It’s become known in the industry that women have better saving habits than men and their investment skills are underrated,” says Dvorkin. “But in order to better empower women, more tools and information must be created for their unique situations. Single moms, divorced women and even college-aged women can use this site to align their financial goals with their everyday lives.”    

There are also dailynews posts that report on financial issues that impact consumers of all ages and genders. The Solution Center on Debt.com covers issues such as:

  • Student Loan Consolidation and Forgiveness Programs
  • Credit Card Consolidation
  • Debt Settlement
  • IRS Tax Issues
  • Bankruptcy
  • Collector Harassment
  • Money Management
  • Credit Restoration

About Debt.com: Debt.com is made up of financial experts, journalists, and certified solution providers for credit card debt, student loan assistance, credit monitoring, tax debt, identity theft, credit repair, bankruptcy and debt collector harassment. For more information about Debt.com visit their website or call 1-800-810-0989 to see how Debt.com can benefit you.

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Taylor Rogich
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